Enron: The Smartest Guys in the Room Enron Corporation was an energy‚ commodities‚ and service company out of Houston‚ Texas founded by Kenneth Lay in 1985. Lay built natural gas power energy in East Texas which helped Enron’s stock rise. Louis Borget‚ Andrew Fastow‚ and Jeffery Skilling were the top management executives from 1985 until 2001. Each helped to bring about the demise of the company in multiple ways. One of the first scandals in Enron involved President Louis Borget and two traders
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Gender Selection The process of selecting a gender to be used in establishing a pregnancy has been a controversial issue in the United States. The new reproductive technologies have raises ethnical questions regarding its morals injustices. These revolutionary techniques create many disagreement among people as some believe that is beneficial and others think it is wrong because is not part of God’s wishes. What people who disagree with this procedure do not understand is that gender selection will
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1 Auditing issues in Enron case Independent Needed for the Houston office of Andersen‚ an audit partner that understands the role of being a "public watchdog" with "ultimate allegiance to the creditors and shareholders" . Arthur Anderson abandoned its roles as independent auditor by turning a blind eye to improper accounting‚ including the failure to consolidate‚ failure of Enron to make $51million in proposed adjustments in 1997‚ and failure to adequately disclose the nature of transactions with
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recruitment and selection methods? Discuss how process of interviewing can be improved in organisation to strengthen the validity and reliability of the method. In the era of globalisation and fast changing business conditions‚ organisations are looking for effective management and employee recruitment and selection. The current situation demands a complete strategic approach to HRM. Therefore it is important to look at the traditional methods and modern approach in the recruitment and selection process
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The objectives of Human Resource Department are Human Resource Planning‚ Recruitment and Selection‚ Training and Development‚ Career planning‚ Transfer and Promotion‚ Risk Management‚ Performance Appraisal and so on. Each objective needs special attention and proper planning and implementation. For every organisation it is important to have a right person on a right job. Recruitment and Selection plays a vital role in this situation. Shortage of skills and the use of new technology are putting
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Simplifying Vendor Selection Process Contemporary companies rely on outsourcing for success in today’s competitive marketplace‚ and selecting a vendor is now as important a process as developing new products. Products and services are selected for cost‚ requirements‚ overall quality‚ stability of the supplier‚ time-to-market and traditional partnerships. The purchase approval process often involves more than one criteria and one opinion and requires the establishment of a broad-based team to
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CheckPoint Goal Selection Matching hypothesis is a theory of interpersonal attraction as proposed by Goffman (1952). It suggests that people are attracted to others who are the same perceived level of attractiveness as themselves. Initially this was based purely on the looks and physical attractiveness‚ but it had since been suggested that other characteristics such as humor or intelligence can compensate for looks. Studies by Walster (1966) and Walster & Walster (1969) have found evidence
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Appendix - I INDIAN CERTIFICATE OF SECONDARY EDUCATION EXAMINATION‚ MARCH 2013 LIST OF PRESCRIBED TEXTBOOKS 1. ENGLISH (01): PAPER 1. (Language) No specific book is being recommended for background reading. PAPER 2. (Literature in English) DRAMA : As You Like It : Shakespeare (edited by Roma Gill‚ Oxford University Press) OR Loyalties : John Galsworthy (edited by G.R. Hunter) PROSE: At least one of the following: (i) A Treasure Trove of Short Stories: Compiled and Edited by S. Chakravarthi (Frank
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In 2001‚ Enron was the fifth largest company on the Fortune 500. Enron was also the market leader in energy production‚ distribution‚ and trading. However‚ Enron ’s unethical accounting practices have left the company in joint chapter 11 bankruptcy. This bankruptcy has caused many problems among many individuals. Enron ’s employees and retirees are suffering because of the bankruptcy. Wall Street and investors have taken a major downturn do to the company ’s unethical practices. Enron ’s competitors
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Individual assignment: You have joined and organisation going through an organisational transformation‚ the organisation having been bought-out by a Multi-National enterprise. You have been requested to review your existing Recruitment‚ Selection and Retention strategies. ------------------------------------------------- You have been specifically asked to consider this from the expectations of a Multi-National organisation. How would your national strategies meet the expectations of your
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